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  • #47,501
  • Mar 22, 2025 6:52am Mar 22, 2025 6:52am
Quoting navk
I am just posting a mt4 chart for gold, 5 min chart. I usually analyze in mt4 and trade in projectx. Is it difficult to to pass an evaluation in 1 day ( that is friday, yesterday ) ? I just missed the target by 80 dollars, that is all. With this chart, one can earn tonnes of dollars. lol {image}
Then, why did you go long and lose the account
the cautious seldom err....C
  • #47,502
  • Edited 7:11am Mar 22, 2025 6:56am | Edited 7:11am
Quoting pips29
{quote} Then, why did you go long and lose the account
I did long only in the second swing to make 1700.
That was not snuff to meet target
The third swing was fast and furious.
4 th swing, it was benificial, one eval account, 2900 and another eval 900.
1) In the first short swing, i made my money in funded accounts, and 1300 in eval 1
2) Second long swing, i tried to make 1700, and that was not enuff.
3) Third short swing was fast and furious, which i completely missed.
4) Fourth long swing, i made 2900 in one eval, and 900 and in another eval.

My story what i wrote on other posts is about what i missed and not about what i made.
Intraday only.
  • #47,503
  • Mar 22, 2025 7:08am Mar 22, 2025 7:08am
Quoting navk
{quote} I did long only in the second swing to make 1700. That was not snuff to meet target The third swing was fast and furious. 4 th swing, it was benificial, one eval account, 2900 and another eval 900.
What I mmeant was why didn't you cut your third long and go short. I know you won twice on longs and lost the 3rd one along with the account. Are you not allowed to cut and reverse to short. Is tha a rule?
the cautious seldom err....C
  • #47,504
  • Mar 22, 2025 7:13am Mar 22, 2025 7:13am
Quoting pips29
{quote} What I mmeant was why didn't you cut your third long and go short. I know you won twice on longs and lost the 3rd one along with the account. Are you not allowed to cut and reverse to short. Is tha a rule?
No, i can cut loss, rule allows to cut loss.

But i just missed to cut loss
Intraday only.
  • #47,505
  • Mar 22, 2025 7:31am Mar 22, 2025 7:31am
Quoting navk
{quote} No, i can cut loss, rule allows to cut loss. But i just missed to cut loss
ok, thank you for your info
the cautious seldom err....C
  • #47,506
  • Mar 22, 2025 8:51am Mar 22, 2025 8:51am
A trader's consideration is that they might cut a loss, just as why not consider not cutting a win? Another trader's consideration is that a pattern will make them win, just as many patterns have made them lose. If the movement of a pair forms a pattern, it is a sign of frequent randomness. Without patterns, the market is not random.
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #47,507
  • Mar 22, 2025 10:58am Mar 22, 2025 10:58am
Quoting navk
{quote} Everyone needs money for living. Do not write your life experience here, this is related to trading and prop trading. Write trading experience. How you approach to prop trading or firms since you are writing this in prop firm thread.
Its experience from Topstep Discord. I was funded by them 6 months. I am funded by TradeDay and ApexTraderFunding.
My approach - I risk small and go slow and steady. I risk the way I want to trade forever. 1 micro gold contract for every 1000$ profit.
Yes this risk is really small but again its for longevity in my career in funded company route not "pass & bust" cycle with 1-2 days passes.
I might be wrong , I have been wrong before
  • #47,508
  • Mar 22, 2025 11:08am Mar 22, 2025 11:08am
Quoting navk
I am just posting a mt4 chart for gold, 5 min chart. I usually analyze in mt4 and trade in projectx. Is it difficult to to pass an evaluation in 1 day ( that is friday, yesterday ) ? I just missed the target by 80 dollars, that is all. With this chart, one can earn tonnes of dollars. lol {image}
Good catch / good trade.

Sure, but does moves like that happen every day ? Every week ?
And are we able to build trading success on rare event ?

Move you mentioned. 30m candle has 27 point range.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 5 KB

Average range on that time on 30m candle is 8 points.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 3 KB
I might be wrong , I have been wrong before
  • #47,509
  • Mar 22, 2025 11:43am Mar 22, 2025 11:43am
Quoting Mandariin
{quote} Its experience from Topstep Discord. I was funded by them 6 months. I am funded by TradeDay and ApexTraderFunding. My approach - I risk small and go slow and steady. I risk the way I want to trade forever. 1 micro gold contract for every 1000$ profit. Yes this risk is really small but again its for longevity in my career in funded company route not "pass & bust" cycle with 1-2 days passes.
well, i am not sure about what you said.

1 micro for 1k profit ?

Yes it is possible in a personal account because you set your rules.

In prop account, the daily range is 35 to 45 dollars in gold, so, the maximum possible theoretically is 350 dollars per day with 1 micro gold. Remember, you need to close the trades by end of day. Ina private account, you can hold on to trade overnight, week ends.

Anyways, your technick is very very conservative approach, and i do not find any fault especially in a funded account.
Intraday only.
  • #47,510
  • Mar 22, 2025 11:51am Mar 22, 2025 11:51am
Quoting Mandariin
{quote} Good catch / good trade. Sure, but does moves like that happen every day ? Every week ? And are we able to build trading success on rare event ? Move you mentioned. 30m candle has 27 point range. {image} Average range on that time on 30m candle is 8 points. {image}
I use 5 min chart. So, i can capture more in that drop if i can cotrol emotions. Having said, i missed the whole drop.

And after having lost 1 evaluation by 80 dollars, i bought immediately another 50k evals.

Took long, and took 9 micro trades only from the lows of the days, and you can see the result.
Attached Image (click to enlarge)
Click to Enlarge Name: 9 trades.png Size: 33 KB
Intraday only.
  • #47,511
  • Mar 22, 2025 11:58am Mar 22, 2025 11:58am
Quoting navk
{quote} well, i am not sure about what you said. 1 micro for 1k profit ? Yes it is possible in a personal account because you set your rules. In prop account, the daily range is 35 to 45 dollars in gold, so, the maximum possible theoretically is 350 dollars per day with 1 micro gold. Remember, you need to close the trades by end of day. Ina private account, you can hold on to trade overnight, week ends. Anyways, your technick is very very conservative approach, and i do not find any fault especially in a funded account.
Risk managements. Profits in prop account / 1000 = position size in micro contracts.
Yes 350$ is theoretical if you are up 24h and enter at low and sell at high of day.
My health is important and I trade London session.
I might be wrong , I have been wrong before
  • #47,512
  • Mar 22, 2025 12:06pm Mar 22, 2025 12:06pm
Quoting Mandariin
{quote} Risk managements. Profits in prop account / 1000 = position size in micro contracts. Yes 350$ is theoretical if you are up 24h and enter at low and sell at high of day. My health is important and I trade London session.
Some members in discord community seems to be very good. Especially in Topstep.

I see some people trade NQ in a very conservative approach 1 or 2 micros to make money.
Intraday only.
  • #47,513
  • Mar 22, 2025 2:12pm Mar 22, 2025 2:12pm
Quoting Mandariin
{quote} Its experience from Topstep Discord. I was funded by them 6 months. I am funded by TradeDay and ApexTraderFunding. My approach - I risk small and go slow and steady. I risk the way I want to trade forever. 1 micro gold contract for every 1000$ profit. Yes this risk is really small but again its for longevity in my career in funded company route not "pass & bust" cycle with 1-2 days passes.
THere is a big IF there what if company goes under all the time n effort goes in VAIN.....
Extreme gut feeling trader
  • #47,514
  • Mar 22, 2025 3:03pm Mar 22, 2025 3:03pm
Quoting Mandariin
{quote} Its experience from Topstep Discord. I was funded by them 6 months. I am funded by TradeDay and ApexTraderFunding. My approach - I risk small and go slow and steady. I risk the way I want to trade forever. 1 micro gold contract for every 1000$ profit. Yes this risk is really small but again its for longevity in my career in funded company route not "pass & bust" cycle with 1-2 days passes.
What if you work hard for 6-12 months trading 1 miro gold and get funded with good company like MyForexfunds and it goes under is it worth putting such efforts?
This is good for personal acocunt not sure about prop firms. Also these futures firms have monthly renewal so expections are to make 100% of allowed drawdown per month. With 1 micro one can't pass evals in 1 month is it worth to repay?
  • #47,515
  • Edited 7:37pm Mar 22, 2025 7:24pm | Edited 7:37pm
Quoting sampat
{quote} What if you work hard for 6-12 months trading 1 miro gold and get funded with good company like MyForexfunds and it goes under is it worth putting such efforts? This is good for personal acocunt not sure about prop firms. Also these futures firms have monthly renewal so expections are to make 100% of allowed drawdown per month. With 1 micro one can't pass evals in 1 month is it worth to repay?
I have only taken the positive aspect of his statement, did not want to go much into truth.

The positive aspect is.. one should trade less lots in funded account. This is required in order not to blow the hard earned funded account within days.

Though, it is not possible / not worth to pay subscription for many months if one wants to pass evals with small lots ( micro )
Intraday only.
  • #47,516
  • Mar 22, 2025 8:45pm Mar 22, 2025 8:45pm
Monty,

from your experience, who pays promptly ?

I have seen many of your posts regarding MFFU payouts.

How about topstep, tradeify ? And of course apex?

I have been paid until now by futures elite only.
Intraday only.
  • #47,517
  • Mar 22, 2025 9:54pm Mar 22, 2025 9:54pm
Quoting Mandariin
{quote} Good catch / good trade. Sure, but does moves like that happen every day ? Every week ? And are we able to build trading success on rare event ? Move you mentioned. 30m candle has 27 point range. {image} Average range on that time on 30m candle is 8 points. {image}
Hey how can I get Data for Average range of specific time period
thanks
  • #47,518
  • Mar 23, 2025 6:49am Mar 23, 2025 6:49am
From one of my buddy in Discorrd :

Topstep pays, but take 2-3 days and cap for an is $5k

Tradeify pays very fast, within a hour, but it takes 10%

Bulenox pays every Wednesday
Intraday only.
  • #47,519
  • Mar 23, 2025 9:23am Mar 23, 2025 9:23am
Quoting sampat
{quote} What if you work hard for 6-12 months trading 1 miro gold and get funded with good company like MyForexfunds and it goes under is it worth putting such efforts? This is good for personal acocunt not sure about prop firms. Also these futures firms have monthly renewal so expections are to make 100% of allowed drawdown per month. With 1 micro one can't pass evals in 1 month is it worth to repay?
I got funded by 22 days trading with 1 micro.
This week up +807$ on "prop" funded accounts trading with 1+1 micro contracts.

Most who take funded trader route think in days I think in decades. I think long term by implementing good risk management from start.
What is difference between +800$ vs +8000$ in week trader ?
Actually its nothing at all. One trades with micro and other mini contract.
I need to earn the right to trade bigger. And I have no hesitation in my mind - I will be +10k per week trader by end of year.
I might be wrong , I have been wrong before
  • #47,520
  • Mar 23, 2025 9:40am Mar 23, 2025 9:40am
Quoting montygoldy
{quote} THere is a big IF there what if company goes under all the time n effort goes in VAIN.....
There is no point to play IF games. What's the point to buy Tesla car if it will be burn down by next morning ?
And if company goes under it can't take away my good trading habits that I have developed.
I might be wrong , I have been wrong before
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